CALA Capital & Regional Plc

RNS No 7565x
CALA PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

CALA PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

THE ROYAL BANK OF SCOTLAND PLC

3)  Please state whether notification indicates that it is in respect of holding
    of the Shareholder named in 2 above or in respect of a non-beneficial
    interest or in the case of an individual holder if it is a holding of that
    person's spouse or children under the age of 18

N/A

4)  Name of the registered holder(s) and, if more than one holder, the number of
    shares held by each of them.

ROYAL BANK INVESTMENTS LTD

5)  Number of shares/amount of stock acquired.

N/A

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

4,201,650

8)  (8.82 %) of issued Class

9)  Class of security

ORDINARY SHARES OF 5P

10) Date of transaction

9.6.99

11) Date company informed

25.6.99

12) Total holding following this notification

NIL

13) Total percentage holding of issued class following this notification

0% 

14) Any additional information

N/A

15) Name of contact and telephone number for queries

MARIENE WESTON 01224 408 517

16) Name and signature of authorised company official responsible for making
    this notification


    Date of Notification..1 JULY 1999...........


END


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